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National Australia Bank has been chastised for withholding a document from the banking royal commission that showed bosses knew about widespread fraud in its controversial “introducer program” months before telling the regulator.
The commission’s also heard evidence on Wednesday of NAB’s desire to begin a compensation program for customers who had been affected by an alleged bribery ring involving NAB staff in 2015, chiefly to protect the bank’s reputation.
https://www.theguardian.com/australi...-well-aware-of
Our man left NAB in 2014, but this compensation program would surely have been designed and implemented under his watch before the alleged problem surfaced in 2015?